King Mohammed VI

France reaffirms support for autonomy plan in Sahara

France’s support for the autonomy initiative to end the regional dispute over the Sahara remains “clear and steady” said French Foreign Minister Catherine Colonna. Colonna made the statement at a news conference in Rabat with her Moroccan peer Nasser Bourita after talks that raised the means to bolster ties. “Regarding the Moroccan autonomy plan, our […]

Libya: National Oil Corporation Reports Record Monthly Revenues Amid Sector Reforms

The National Oil Corporation (NOC) of Libya has announced its strongest monthly financial performance in a decade, recording approximately US$4 billion in revenues for May 2026 from crude oil sales and royalties. The announcement was made on Sunday, May 31, in the capital, Tripoli, where NOC Chairman Masoud Suleiman attributed the milestone to improved operational […]

Morocco largest beneficiary of AfDB’s loans

Morocco has received in 2019 loans from the African Development Bank (AfDB) worth 3 billion dollars funding 35 projects, bringing total loans by the African development finance institution to 10 billion dollars since the 1970s. AfDB’s funding makes Morocco on top of the list of beneficiaries of loans which covered areas such as energy, transport, […]